567 DUNCAN Street

Multi-family For Sale in Wallaceburg, Ontario

$549,000
  • 8 Beds
  • 4 Baths
  • 2,800 Sq. Ft.
  • Built 1945
Great INVESTMENT OPPORTUNITY in Wallaceburg! Super low vacancy rates. ANNUAL GROSS INCOME of $40,200 resulting in $21,000 in TOTAL EARNINGS in your Pocket! (net cash flow of $10,911 + $10,809 mortgage pay down). FOUR 2 bdrm units - Residential FOURPLEX!! EASY, low maintenance, well-designed 2 bdrm units that are each approx 675 sq ft and self-sufficient. Units 1 & 2 (upper level with exterior staircase 2012) are heated with Empire Console Vented heating systems (2012). Units 3 & 4 (Main level) are heated with FAG Furnace 2007. Three units pay their own utilities, and Unit 3 is all-inclusive. Hot water tanks are owned. Carpet free. Single-detached garage and carport. Parking for 8 cars. Enjoy watching the kids safely play at King George Park right across the street. Two-minute walk to Running Creek trail & Crothers Park or Sydenham River to enjoy fishing, playground equipment, or picnic. Two-minute walk to downtown Wallaceburg shoppes, banks, restaurants, waterfront, library, live Little Theatre, Museum and all celebrations that the core presents! Quiet, family-friendly area. 5 mins to #40 hwy, 30 mins to both Sarnia, Chatham, and Hwy #401. Skip over to Michigan via ferry boat to head to Detroit to catch a plane, a game, or an event in 90 mins. (id:4069)
Address 567 DUNCAN Street
List Price $549,000
Property Type Multi-family
Type of Dwelling Fourplex
Area Ontario
Sub-Area Wallaceburg
Bedrooms 8
Bathrooms 4
Floor Area 2,800 Sq. Ft.
Year Built 1945
MLS® Number 40066861
Listing Brokerage RE/MAX TWIN CITY REALTY INC., BROKERAGE
Postal Code N8A4E9
Zoning R4

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Deb Rhodes

Royal LePage Pefier Realty Inc. Brokerage

34 Raleigh St. Chatham Ontario N7M 5K6

Mobile: (519) 401-5470

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